GBPCHF is Bullish - We look to Buy at 1.1780
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Trading within a Bullish Channel formation.
▪️ We have a 78.6% Fibonacci pullback level of 1.1776 from 1.1732 to 1.1937.
▪️ Bespoke support is located at 1.1780.
▪️ Further upside is expected although we prefer to set longs at our...
AUDJPY is Bullish - We look to Buy at 74.32
▪️ Trading within a Bullish Channel formation.
▪️ We have a 50% Fibonacci pullback level of 74.23 from 73.30 to 75.16.
▪️ Bespoke support is located at 74.32.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 74.32, resulting in improved risk/reward.
Stop: 73.95
...
Gold is Bullish - We look to Buy at 1787
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1787.
▪️ We have a 50% Fibonacci pullback level of 1787.77 from 1757.49 to 1818.05.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.
Stop: 1780
Target1: 1820
...
Gold is Bullish - We look to Buy at 1780.5
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1780.50.
▪️ There is scope for mild selling at the open but losses should be limited.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.
Stop: 1773
Target1: ...
USDCHF is Bearish - We look to Sell at 0.9423
▪️ Trading within a Bearish Channel formation.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Bespoke resistance is located at 0.9423.
▪️ The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
▪️ Preferred trade...
GER30 is Bullish - We look to Buy at 12110
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 12110.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12110, resulting in improved risk/reward.
▪️ Expect...
EURNZD is Bullish - We look to Buy at 1.7295
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Bespoke support is located at 1.7295.
▪️ A bullish reverse Head and Shoulders is forming.
▪️ We have a 78.6% Fibonacci pullback level of 1.7295 from 1.7190 to 1.7653.
▪️ Further upside is expected although we prefer to set longs at...
EURNZD is Bullish - We look to Buy at 1.7420
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Bespoke support is located at 1.7420.
▪️ A bullish reverse Head and Shoulders is forming.
▪️ We have a 61.8% Fibonacci pullback level of 1.7361 from 1.7653 to 1.7190.
▪️ Further upside is expected although we prefer to set longs at...
Gold is Bearish - We look to Sell a break of 1706.50
▪️ There is scope for mild buying at the open but gains should be limited.
▪️ We have a 50% Fibonacci pullback level of 1708.04 from 1670.72 to 1745.35.
▪️ Bespoke resistance is located at 1706.50.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1706.50,...
EURAUD is Bearish - We look to Sell at 1.6500
▪️ Short term bias is mildly bearish.
▪️ Bespoke resistance is located at 1.6500.
▪️ We have a 61.8% Fibonacci pullback level of 1.6489 from 1.6771 to 1.6032.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6500, resulting in improved risk/reward.
▪️ Expect...
Gold is Bullish - We look to Buy at 1703
▪️ Broken out of the channel formation to the upside.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Bespoke support is located at 1703.
▪️ We have a 78.6% Fibonacci pullback level of 1704.87 from 1693.85 to 174.35.
▪️ Further upside is expected although we prefer to set longs at...
GBPCHF is Bullish - We look to Buy at 1.1875
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Price action looks to be forming a bottom.
▪️ Bespoke support is located at 1.1875.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.1875, resulting in improved risk/reward.
▪️ Expect...
EURAUD is Bearish - We look to Sell at 1.6673
▪️ Short term bias is mildly bearish.
▪️ Bespoke resistance is located at 1.6673.
▪️ We have a 78.6% Fibonacci pullback level of 1.6700 from 1.6763 to 1.6469.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6673, resulting in improved risk/reward.
▪️ Expect...
USDCHF is Bearish - We look to Sell at 0.9700
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Price action looks to be forming a top.
▪️ Trading within a Bearish Channel formation.
▪️ Bespoke resistance is located at 0.9701.
▪️ Further downside is expected although we prefer to sell into rallies close to the 0.9700 level.
▪️...
NZDJPY is Bearish - We look to Sell at 66.08
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Price action continued to range between key support & resistance (66.16 - 63.46) and we expect this to continue.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 66.08, resulting in...
EURNZD is Bullish - We look to Buy at 1.7865
▪️ Continued downward momentum from 1.8263 resulted in the pair posting net daily losses yesterday.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ We have a 61.8% Fibonacci pullback level of 1.7854 from 1.7601 to 1.8263.
▪️ Further upside is expected although we prefer to set...
NZDJPY is Bearish - We look to Sell at 65.40
▪️ Trading within a Bearish Channel formation.
▪️ We have a 78.6% Fibonacci pullback level of 65.29 from 65.79 to 63.46.
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 65.40,...
GBPJPY is Bearish - We look to Sell at 130.55
▪️ We have a 61.8% Fibonacci pullback level of 130.60 from 131.41 to 129.30.
▪️ The medium term bias remains bearish.
▪️ Bespoke resistance is located at 130.55.
▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 130.55, resulting in improved risk/reward.
▪️ Expect...
